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know you're getting ready for the big debate tomorrow night between the president and mitt romney. i want to ask you about politics and investing. first, what do you think about this market? what are you hearing from clients? you think we're going to continue to see chasing of high beta stocks or has this market gotten tired? >> our clients are scared. what we're hearing first and fare mo foremost is a lot of uncertainty. is europe going to melt down? are we going to have a fiscal clif cliff in the u.s.? is israel going to bomb snooirn on top of that, they're hearing the dysfunctional politics from the u.s. election. they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear hig
about that. the presidential debate is next wednesday. they're going to look to see what each candidate is going to say. ultimately, mitt romney has to come out and make some real discussion on what his plan is. everybody is sitting and waiting. investors and americans are going to be sitting and watching intently. >> what earnings season is going to be. >> i was just going to ask you. >> expectations have come down a bit. i wouldn't be surprised if we do better than estimates. >> isn't that the trick all the time? talk it out, talk it out. look how great we're doing. i think the i think vnvestors a smartening up. >> thank you, gentlemen. stay tuned. hour number two of the "closing bell" with maria is coming up. see you tomorrow. >>> it is 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to the "closing bell." i'm maria bartiromo at the new york stock exchange. another tough day for stocks with the markets losing steam headed into the close. today's losses coming on the backdrop of more violent protests in europe over future austerity measures. in theen
Search Results 0 to 1 of about 2